38 Summerfield Lane
About This Property
This charming 3-bedroom, 2-bath home is perfectly situated on a spacious, unrestricted lot with no HOA-offering freedom, privacy, and the peaceful lifestyle you've been dreaming of.
Inside, you'll love the open floor plan with durable LVP flooring, a massive family room with a cozy wood-burning fireplace, and a kitchen featuring stainless steel appliances, a breakfast area, and open sightlines-perfect for entertaining or everyday living.
The primary suite is your private retreat, complete with a garden tub, walk-in shower, and large closet. Two secondary bedrooms also boast walk-in closets and share a full bath. A separate laundry room adds convenience. Recent upgrades include a brand-new HVAC system, new water heater, septic pumped in 2025, and most windows replaced with energy-efficient double-hung models.
Step outside to enjoy fruit-bearing trees (fig, peach, pecan, and apple), grape vines, and a garden area ready for planting. Extras include a chicken coop, multiple sheds, a large play structure, and a spacious carport with room for additional parking.
Whether you're ready to homestead, garden, or simply enjoy wide-open spaces, this home is the perfect blend of country charm and modern comfort.
With this price improvement, and Priced Just Right, now is the time to make this peaceful retreat yours-schedule your tour today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$210,000
↓ $28K
(11.8%) | |
| Price Decreased | |||
| Sep 10, 2025 | Price Decreased |
$238,000
↓ $12K
(4.8%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017